When was Nammo founded?

Nammo was founded in 1998 and raised its 1st funding round 8 years after it was founded.

Where is Nammo located?

Nammo is headquartered in Norway. It is registered at Mesa, Arizona.

Which legal entities is Nammo associated with?

Nammo is associated with NAMMO AS and 3 others.

How many employees does Nammo have?

As of Oct 06, 2025, the latest employee count at Nammo is 340.

Is Nammo a funded company?

Nammo is a funded company, having raised an undisclosed amount across 7 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Feb 2006.

When was the latest funding round of Nammo?

Nammo's latest funding was a $***** Grant (prize money) round on Dec 01, 2023, with participation from 1 investor.

Where does Nammo rank among its competitors?

Nammo ranks 4th amongst 640 active competitors, of which 9 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Nammo, which secured $531K in Dec, 2023.

Who are the top competitors of Nammo?

Nammo's top competitors include Solar Group, Hughes Precision M and Taurus. Among them, Nammo secured the most recent funding round in December, 2023.

Nammo - 2026 Company Profile, Funding, Competitors & Financials

Company Details

Manufacturer of ammunition, rocket motors, shoulder-fired systems, and composite solutions. The company provides products and technologies to increase the effectiveness of existing platforms and systems. Product stewardship is prioritized throughout the entire life cycle. The business ensures efficient use of resources, minimizing waste, and eliminating at-risk materials from new developments. The group engages in due diligence before integrating business partners.

Website: www.nammo.com/
Email ID: *****@nammo.com
Phone Number: +47 **********
Registered Address: Mesa, Arizona

Key Metrics

Founded Year

1998

Location

Norway

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Dec 01, 2023, $*****

Investors

Military Health & 1 more

Ranked

4^th among 640 active competitors

Employee Count

340 as on Oct 06, 2025

Investment & Acquisitions

Chemring Ordnance & 3 more

Similar Companies

Solar Group & 689 more

View Nammo's full profile

Nammo is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Nammo Talley, Inc. CIN: 860295636 , United States, Active	Dec 31, 1999	-	757 (As on Dec 31, 2024)	-
NAMMO INCORPORATED CIN: 541959359 , United States, Active	Dec 26, 999	-	622 (As on Dec 31, 2021)	-
NAMMO AS CIN: 979984731 , Norway, Active		$778M (As on Dec 31, 2022)	-
Nammo Raufoss As CIN: 980038300 , Norway, Active	Aug 03, 1998	-	1028 (As on Dec 31, 2022)

Nammo has raised funding over 7 rounds. Its first funding round was on Feb 2006. Its latest funding round was a Grant (prize money) round on Dec 01, 2023 for $*****. 1 investor participated in its latest round. Nammo has 2 institutional investors.

Here is the list of recent funding rounds of Nammo:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2023	5211076	Grant (prize money)	8674538	3929730	8927172	6247234
Feb 01, 2020	8634988	Grant (prize money)	2451481	8088346	7778805	Europa
Jan 01, 2016	4200224	Grant (prize money)	3638577	1523825	4325935	Europa

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Nammo's employee count trend

Nammo has 340 employees as of Oct 25. Here is Nammo's employee count trend over the years:

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Top competitors of Nammo include Solar Group, Hughes Precision M and Taurus. Here is the list of Top 10 competitors of Nammo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Solar Group 1995, Nagpur (India), Public	Manufacturer of defense and industrial explosives	-	Oman India Joint Investment Fund	56/100
2nd	Hughes Precision M India, Series B	Manufacturer of small arms ammunition for military and civilian use	$21.9M	Bengal Finance and Investment, Lucky Investment Managers ... & 8 others	53/100
3rd	Taurus 1982, Decatur (United States), Unfunded	Manufacturer of fire arms	-	-	46/100
4th	Nammo 1998, Norway, Funding Raised	Manufacturer of ammunition, rocket motors, shoulder-fired systems, and composite solutions	-	Military Health, Europa	46/100
5th	Henry 1996, Rice Lake (United States), Unfunded	Provider of shotguns products	-	-	45/100
6th	Heckler & Koch 1949, Oberndorf (Germany), Public	Manufacturer of small arms	-	-	45/100
7th	Kalashnikov 1807, Moscow (Russia), Acquired	Manufacturer of arms and ammunition products	-	-	42/100
8th	Astor Group 2006, Kista (Sweden), Public	Provider of radar jamming, composite materials, laser cutting, and etching technologies	-	-	41/100
9th	Star Aerospace 2015, Dehradun (India), Unfunded	Manufacturer of weapon modification and safety solutions for military applications	-	-	41/100
10th	Sierra Bullets 1947, Sedalia (United States), Acquired	Manufacturing the most accurate bullets	-	-	40/100

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Nammo has not made any investments yet. Nammo has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 21, 2019	Acquisition	Chemring Ordnance	1954	Perry (United States)
Oct 11, 2016	Acquisition	Berger Bullets	1955	Mesa (United States)
Mar 22, 2013	Acquisition	Pocal	1999	Arlington (United States)